Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3956 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 3956.000000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Inverted Hammer’ chart pattern is detected. The chart forms ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 3956.000000000 |
Current Price | 3869.470000000 |
Next Low | 3765.710000000 |
2nd Low | 3690.000000000 |
3rd Low | 3500.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer